VN-Index opens week in green

SGGP
The Vietnam’s benchmark VN-Index opened week in upbeat sentiment on January 21, thanks to upward trend in global stock market as well as the return of foreign investors.

VN-Index opens week in green

The index of 344 stocks on the Ho Chi Minh City Stock Exchange (HoSE) surged 8.75 points, or 0.97 percent, to close at 911.05 points with 160 stocks climbing, 136 dropping and 49 standing still.
The HNX-Index of the smaller bourse in the north soared 1.81 points, or 1.78 percent, to close at 103.37 points. Of the index, 75 stocks gained, 60 lost and 56 treaded water.
Total trading volume on both bourses touched 203 million shares worth VND3.8 trillion.
The HoSE has recently announced that the VN30-Index, which measures the performance of 30 stocks with the highest market capitalization and liquidity, will have four new members, consisting of EIB, HDB, TCB and VHM with the free-float ratio of 80 percent, 70 percent, 65 percent and 25 percent respectively.
On the contrary, four stocks, consisting of BMP, PLX, HSG and KDC have been casted out of the VN30 group.

By Nhung Nguyen – Translated by Thuy Doan

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